Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Dividend 15 Split Corp T.DFN

Alternate Symbol(s):  DFNPF | T.DFN.PR.A | DVSPF

Dividend 15 Split Corp. is a Canada-based mutual fund, which invests primarily in a portfolio of dividend yielding common shares, which includes approximately 15 Canadian companies. It offers two types of shares, including Preferred shares and Class A shares. Its investment objectives with respect to Preferred Shares are to provide holders with fixed cumulative preferential monthly cash dividends in an amount of $0.04583 per Preferred share to yield 5.5% per annum on the $10 repayment amount and to return the $10 repayment amount to their holders on the termination date. Its investment objectives with respect to Class A Shares are to provide holders with regular monthly cash distribution targeted to be $0.10 per Class A share and return the original issue price to their holders on the termination date. The net asset value per unit must remain above the required $15 per unit threshold for distributions to be declared. Its investment manager is Quadravest Capital Management Inc.


TSX:DFN - Post by User

Dividend 15 Split Corp > revised UNIT NAV = $15.51
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(813)
•••
Comment by flamingogoldon Aug 17, 2024 4:23pm
86 Views
Post# 36184407

RE:RE:RE:RE:RE:RE:RE:revised UNIT NAV = $15.51

RE:RE:RE:RE:RE:RE:RE:revised UNIT NAV = $15.51All part of the risk/reward decision that every investor needs to make based on the available information... NAV, market direction, Quadravest management, etc...

Larry50 wrote: And what 'NAV' price is needed for the dividend to be approved for the coming month?  DFN has paid with share prices as low as $5.17 in recent months so it would appear yesterday's close at $5.24 is marginal at best, but Monday being the 19th I assume Quadravest could approve it for September based on current pricing and current NAV? 


<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities